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340119 (Harmonized System 1992 for 6-digit)

2023
World Trade $2.14BRnk 1361 / 4644
2023
Top Exporter | Top Importer $498M | $297MChina | United States
2023
Product Complexity -1.24Rnk 4043 / 4656
2022 - 2023
Export Growth (CAGR) -0.83%Rnk 1636 / 4644
2023
Share of World Trade 0.0095%Rnk 1361 / 4644

About

Overview This page contains the latest trade data of Soaps for purposes other than toilet soap, solid. In 2023, Soaps for purposes other than toilet soap, solid were the world's 1361st most traded product, with a total trade of $2.14B. Between 2022 and 2023 the exports of Soaps for purposes other than toilet soap, solid decreased by -0.83%, from $2.16B to $2.14B. Trade in Soaps for purposes other than toilet soap, solid represent 0.0095% of total world trade.

Soaps for purposes other than toilet soap, solid are a part of Soap.

Exports In 2023 the top exporters of Soaps for purposes other than toilet soap, solid  were China ($498M), Indonesia ($110M), Turkey ($102M), Honduras ($93.8M), and Germany ($86.4M).

Imports In 2023 the top importers of Soaps for purposes other than toilet soap, solid were United States ($297M), Australia ($88.5M), France ($83.1M), Japan ($81.8M), and United Kingdom ($77.1M).

Ranking Soaps for purposes other than toilet soap, solid ranks 4043rd in the Product Complexity Index (PCI).

Description Soap is used for washing clothes in a mixture of water and soap, for itchy skin, for mold, and for grease stains.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Soaps for purposes other than toilet soap, solid. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$498M
Top Destination (2023)United States$297M

In 2023 Soaps for purposes other than toilet soap, solid were the world's 1361st most traded product (out of 4,644).

In 2023, the top exporters of Soaps for purposes other than toilet soap, solid were China ($498M), Indonesia ($110M), Turkey ($102M), Honduras ($93.8M), and Germany ($86.4M).

In 2023, the top importers of Soaps for purposes other than toilet soap, solid were United States ($297M), Australia ($88.5M), France ($83.1M), Japan ($81.8M), and United Kingdom ($77.1M).

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Exporters of Soaps for purposes other than toilet soap, solid (2023)
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Importers of Soaps for purposes other than toilet soap, solid (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)South Korea$22.4M
Top Destination Growth (2022 -  2023)United States$64.8M

Between 2022 and 2023, the exports of Soaps for purposes other than toilet soap, solid grew the fastest in South Korea ($22.4M), Indonesia ($18.3M), South Africa ($18.1M), Mexico ($13M), and United Kingdom ($10M).

Between 2022 and 2023, the fastest growing importers of Soaps for purposes other than toilet soap, solid were United States ($64.8M), Sudan ($18.2M), Zimbabwe ($17.3M), Vietnam ($16.2M), and India ($10M).

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Exporters of Soaps for purposes other than toilet soap, solid (2022 - 2023)

Importers of Soaps for purposes other than toilet soap, solid (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Soaps for purposes other than toilet soap, solid.

In 2023, market concentration measured using Shannon Entropy, was 4.79. This means that most of the exports of Soaps for purposes other than toilet soap, solid are explained by 27 countries.

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Value of Exports in Soaps for purposes other than toilet soap, solid

Net Trade

TOP NET EXPORTER (2023)China$460M
TOP NET IMPORTER (2023)United States$220M

This map shows which countries export or import more of Soaps for purposes other than toilet soap, solid. Each country is colored based on the difference in exports and imports of Soaps for purposes other than toilet soap, solid during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Soaps for purposes other than toilet soap, solid were China ($460M), Indonesia ($109M), Turkey ($98M), Honduras ($85.7M), and Kenya ($63.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Soaps for purposes other than toilet soap, solid were United States ($220M), Australia ($85.3M), Japan ($73.1M), El Salvador ($50.9M), and Chile ($44.8M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Soaps for purposes other than toilet soap, solid.
It is possible to select the main countries that export or import Soaps for purposes other than toilet soap, solid in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Soaps for purposes other than toilet soap, solid by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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